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S&P 500, Nasdaq hit record highs and Dow Jones rises despite soaring oil prices and Trump warning Iran's ceasefire is 'on life support' – here's how US stock market performed on May 11

May 12, 2026
Source: economictimes.indiatimes.com economictimes.indiatimes.com
News Snapshot:
S&P 500, Nasdaq, Dow Jones today: Wall Street pushed higher Monday as investors continued pouring money into major technology stocks, even as rising tensions between the United States and Iran sent oil prices sharply upward.S&P 500 and Nasdaq Composite Close at Record Highs Despite Iran TensionsThe S&P 500 edged up 0.19% to close at a record 7,412.84, while the tech-heavy Nasdaq Composite gained 0.1% to finish at an all-time high of 26,274.13. Both indexes touched fresh intraday records during the trading session, as per a report. The Dow Jones Industrial Average also climbed 95.31 points, ending the day at 49,704.47.Markets...
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